Category: 4. Business

TEHRAN – India has imported a large shipment of Iranian crude for the first time in years, raising speculation that New Delhi may be preparing to resume broader purchases despite U.S. sanctions.

Data from India’s Ministry of Commerce and…

TEHRAN – Iran’s railways chief has held talks with Iraq’s transport minister on advancing joint rail projects, including the long-delayed Shalamcheh–Basra line, as part of broader efforts to expand regional connectivity.

Jabar Ali Zakari,…

TEHRAN – Iran’s oil minister said the possible activation of the so-called snapback mechanism would not create fresh restrictions on crude exports, stressing that contingency measures are in place if needed.

Mohsen Paknejad told reporters on…

TEHRAN – Iran expects to raise its annual gold production to 25 tons by the end of its Seventh Five-Year National Development Plan (early 2027), while attracting $30 billion in mining investments, according to the Iranian Mines and Mining…

TEHRAN – The Eurasian Economic Commission said it has signed a three-year roadmap with Iran to expand economic cooperation across multiple sectors.

Andrey Slepnev, trade minister of the Eurasian Economic Commission, told reporters the agreement…

“We have submitted an application, but, as you know, Palestine has certain conditions. I believe Palestine will participate in the association as a guest until the conditions allow it to become a full member. We haven’t received a response yet,”…

With Baghdad’s official agreement to open the Chilat border, the number of operating border crossings between Iran and Iraq has increased to seven, facilitating the $30 billion annual trade route between the two countries, the transit of goods,…

The document was signed in Moscow on Wednesday by Iran’s Minister of Industry, Mine and Trade Mohammad Atabak and EAEU’s executive body’s Minister in Charge of Trade Andrey Slepnev.

The signing of the three-year roadmap had come after Iran…

“Snapback does not impose any new direct restrictions on oil sales,” Oil Minister Mohsen Paknejad told reporters on the sidelines of a Cabinet meeting. “If we face circumstances that require action, we are prepared.”

He emphasized that…